Yesterday’s bullish options flow is crushing it today, with all 15 names in positive territory and averaging a gain of 6.1%, led by UMAC’s impressive 12.6% jump. The bearish side is holding up just as well, with every single name following through lower and averaging a 2.0% decline, showing that yesterday’s directional conviction is sticking. Both sides of the flow are working perfectly, which is rare and suggests strong conviction in the market’s current moves.
